Learned by 1.1k usersPublished on 2024.03.29 Last updated on 2024.12.15
Tokens
Unbound Finance is a decentralized cross-chain liquidity protocol, building an ecosystem of composable, DeFi-native derivatives from AMMs on Ethereum, Binance Smart chain, Polygon, Avalanche, Fantom, Arbitrum, Solana, HECO, KCC, Polkadot and Harmony. Unbound will offer a suite of products to unlock liquidity from a diversity of AMMs on different blockchains, including synthetic assets collateralized by liquidity pool tokens (LPTs), new liquidity pools cross-derived from multiple AMMs, financial instruments to compound yields and returns, and more.
UNB contract address : 0x8dB253a1943DdDf1AF9bcF8706ac9A0Ce939d922
Key features:
Unbound Finance is decentralized lending platform that issues interest free crypto loans to its users against liquidity pool tokens (LPTs) as collateral. The loans are given out in the form of synthetic assets beginning with Unbound's native stablecoin UND.
Unbound Finance is built as an aggregator layer over the existing AMMs in the DeFi ecosystem and intends to unlock the liquidity trapped in various DEXs across multiple balkanized blockchains.
- Interest Free Loans
- Liquidation Free Collateralization
- Cross Chain Derivative Layer for AMMs across Multiple Blockchains
- DeFi Treasury for Liquidity Pool Tokens
- Truly Decentralized Cross Chain Stablecoin
Token distribution and lock-in:
Project timeline:
Q1-Q2 2021 - Testnet deployed on Ethereum Chain and Binance Smart Chain and integration with Ethereum and Binance Smart Chain DEXs.
Q3 2021 – Testnet deployed on Harmony and Polygon and integration with Harmony and Polygon DEXs.
Q4 2021 – Mainnet deployed on Ethereum Chain and Testnet deployed on Avalanche.
Q1 2022 – Mainnet deployment on Polygon, Binance Smart Chain and Avalanche and Testnet deployment on Fantom, Arbitrum, Solana, HECO, KCC and Polkadot. Integration with DEXs on all these chains. Single side stablecoin acceptance for high yields along with LPTs.
Q2-Q4 2022 – Mainnet Deployment on Solana, Harmony, Fantom, Arbitrum, HECO, KCC and Polkadot. Integration with DEXs on all these chains. Gaming and Metaverse Integration.
Team background:
Founder & CEO: Tarun Jaswani
Tarun is a developer, technologist and entrepreneur. He has an experience of 21 years in Digital Ad Networks, VR and Blockchain. He started building Unbound Finance in March 2020 when only 200 million were locked in a few AMMs in the space. Once he realised the importance of AMMs and that it is a new iteration in value discovery, it was all about building a derivative layer that could make the space more capital efficient.
CMO: Pratik Oswal
Pratik is ranked amongst the top 4% of the highest IQ in the world by Mensa. He has authored 7 books on Mathematics which are currently being used by over 100,000 students in over 300 schools across India. He is an Engineering gold medallist and is currently pursuing Masters in Economics. He has advised over 50 blockchain projects and written over 200 articles on different blockchain projects.
Related links:
Website: https://www.unbound.finance/
Twitter: https://twitter.com/unboundfinance
Telegram:
Unbound Global: https://t.me/unboundfinance
Unbound Announcements: https://t.me/UnboundAnnouncements
Unbound Indonesia: https://t.me/unboundIndonesia
Unbound China: https://t.me/Unboundchina
Unbound Vietnam: https://t.me/unboundfinancevietnam
Unbound Korea: https://t.me/unboundkorea
Whitepaper: https://docs.unbound.finance/documentation/whitepaper
Documents: https://docs.unbound.finance/
Medium: https://unboundfinance.medium.com/
Github: https://github.com/unbound-finance/
Quora: https://www.quora.com/profile/Unbound-Finance
Content on this page was provided by the Unbound Finance team.
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.